Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Lee isn't"


4 mentions found


TubeMogul was competing for an ad tech partnership with Netflix, so Lee learned about the company's own technology and culture. Lee started working at Netflix on its digital marketing programmatic buying team in 2014, earning a salary of $110,000. "It was actually perfect timing that I got laid off," Lee says of being part of Meta's November 2022 job cuts. While she wants to continue increasing her salary, money alone isn't enough. On her TikTok, YouTube and Instagram accounts, Lee shares career and lifestyle advice based on her experiences.
Persons: Sora Lee, Lee, Mickey Todiwala, she'll, hustles, Lee didn't, she's, you've, TubeMogul, Andrew Evers, Lisa Setyon, haven't, Jackson, Tesla, doesn't, I'm, Lee isn't Organizations: CNBC, University of California, TikTok, ByteDance, Netflix, Meta, Facebook, Child, Savings, Porsche, YouTube Locations: Berkeley, South Korea, San Mateo , California, TikTok, RSUs, TubeMogul, New York, Austin , Texas, Los Angeles, Meta's, Lake Tahoe, U.S
Better than feared earnings results will power the stock market's ongoing rally, according to Fundstrat's Tom Lee. "We think demand and margins holding up better will support a rally in technology stocks," Lee said. And the absolute earnings results aren't all that bad so far, with first-quarter earnings per share tracking to be down just 1.2% year-over-year on sales growth of 7.3%, according to Fundstrat. "We think demand and margins holding up better will support a rally in technology stocks... Technology could be the winner of results season." BMO chief investment officer Carol Schleif said in an e-mail to Insider that there have been "no major red flags" in earnings results.
Tom Lee said he expects the Federal Reserve to pause and recalibrate interest rate hikes in 2023 , helped by softer economic data. "As we get into October, I don't think investors are fighting the Fed if they think stocks have upside from here. I think that's one of the big changes." "And I think that's coming." Even against that background, Lee isn't expecting the Fed to stop in its tracks or reverse course, predicting a "pause" rather than a "pivot."
Fundstrat's Tom Lee isn't ruling out the possibility that equities will rally into year-end, even after a tough few weeks for the stock market. While the market has been trying to discount the Fed's hawkish attempts to contain inflation, Lee said he still thinks stocks can do "pretty well into year end." Lee's current year-end price target on the S & P 500 is 4,800, which implies nearly 27% upside from Wednesday's close. Meanwhile, tech stocks, which have been beaten up this year, got cautious early this year. Therefore, they have a lot of room to cut costs if they need to, said Lee, a CNBC contributor.
Total: 4